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COMPANY PROFILE
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The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to
purchase or subscribe for share in Siamgas and Petrochemicals Public Company Limited (“SGP” and shares in SGP, “shares”) in any jurisdiction or should it or any part of it form the basis
of, or be relied upon in any connection with, any contract or commitment whatsoever.
This presentation may include information which is forward-looking in nature. Forward-looking information involve known and unknown risks, uncertainties and other factors which
may impact on the actual outcomes, including economic conditions in the markets in which SGP operates and general achievement of SGP business forecasts, which will cause the actual
results, performance or achievements of SGP to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation.
This presentation has been prepared by the SGP. The information in this presentation has not been independently verified. No presentation, warranty, express or implied, is made as
to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of the SGP or any of its agents or
advisers, or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of the presentation
or its contents or otherwise arising in connection with this presentation.
This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied upon directly or indirectly for any investment decision-
making or for any other purposes.
This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or in part, be reproduced, redistributed or made
available to any other person, save in strict compliance with all applicable laws.
DISCLAIMER
2
AGENDA
• BUSINESS OVERVIEW
• THAILAND LPG BUSINESS
• OVERSEA LPG BUSINESS
• OTHER BUSINESS
• SGP’s STRATEGIC
3
Liquefied Petroleum Gas (LPG) is widely used and is
considered to be of major importance in daily life. It is called a
“green” fuel as it decreases exhaust emissions and thus is
environment-friendly. Bearing in mind that liquefied
Petroleum Gas consumption has witnessed a steady growth
each year, the Executives of the Company, with more than 40
years of experience are keenly attentive to the fuel’s vital role.
As the leader in the field , the Company affirms its commitment
towards incessant development to respond to the growing
demand and the expanding market. >>>
>>>
The focus lies on ensuring its stamina in distribution and
services are recognized nationwide. With aim to expand several
LPG terminals, depots and filling stations in different areas of
the country. Safety, reliability and quality assurance are like
blood through its veins as customer satisfaction is the top
priority. The Company also provides safety, technical and
engineering consultation services for customers of all levels.
Life is a never-ending journey, so is the Company’s plight to
success. Overseas investment has been given a priority
mission in recent years as s strategy to strengthen itself and its
subsidiaries’ business base.
4
BUSINESS OVERVIEW
OUR COMPANY
Listed in SET under ticker
“SGP”
Plenty of subsidiaries in
China, Singapore, Malaysia, Vietnam
2nd largest LPG trader in Thailand
2nd largest LPG importer & exporter
in China
3.83 Million tons of sale volume
in 2019
Siamgas and Petrochemicals PCL.
5
MILESTONES
Founded the company
Business acquisition Uniquegas
Listed in Setup | Cylinder Manufacture Acquire | Ethanol Business
Business acquisition Vietnam | Supergas Singapore | Singgas China | Sinosiam
Setup | Trading Business in Singapore Business acquisition China | Sogel
Business acquisition Vietnam | Citygas N. Malaysia | Mygaz
Founded Marine & land logistic
Invest in 230 MW.Power Plant
In Myanmar
SUSTAINABLE
GROWTH
2004
2011
2016
2008
1976
2010
2013
2005
Invest in 10 MW. Power Plant
and transmission line in Myanmar
2018
1
2
3
4
5
6
7
8
9
Business acquisition (TPP) Liquid tank farm &
Deep sea port
2019
10
6
SGP’s PRESENCE
SHANTOU, SOUTH CHINA | SOGEL
THAILAND | SIAMGAS & UNIQUEGAS
EAST MALAYSIA | MYGAZ
ZHUHAI, SOUTH CHINA | SINOSIAMGAS
HO CHI MINH | SUPERGAS
HAIPHONG | CITYGAS NORTH
SINGAPORE, RETAIL BUSINESS | SINGGAS
SINGAPORE,TRADING BUSINESS | SGT
MYANMAR, MAWLAMYING | MLIPP POWERPLANT 230 MW.
MALAYSIA | MYGAZ
OTHER business
LPG business
MYANMAR, ANIN | SMD DIESEL POWERPLANT 10 MW.
KOH SRI-CHANG | TPP LIQUID TANK FARM
7
AGENDA
• BUSINESS OVERVIEW
• THAILAND LPG BUSINESS
• OVERSEA LPG BUSINESS
• OTHER BUSINESS
• SGP’s STRATEGIC
8
BUSINESS OPERATION
THAILAND OVERSEA
LIQUEFIED PETROLEUM GAS (LPG)
ROAD TRANSPORTATION
MARINE TRANSPORTATION
CYLINDER MANUFACTURING
OIL RETAIL BUSINESS
CONTAINER TERMINAL SERVICE BUSINESS
1
2
3
4
5
6
LIQUEFIED PETROLEUM GAS (LPG)
1
• Singapore
• China
• Malaysia
• Vietnam
2
3
COMBINE CYCLE POWER PLANT
• Myanmar
DIESEL POWER PLANT
• Myanmar
LIQUID TANK FARM & DEEP SEA PORT 7
9
Cooking gas consumers such as individual
households, restaurants, hotels and department
store. The product is distributed through the
Company’s LPG filling stations and gas shops.
Liquefied Petroleum Gas Products
• Cooking gas (4 Kilogram cylinder)
• Cooking gas (15 Kilogram cylinder)
• Cooking gas (48 Kilogram cylinder)
Industrial gas consumers which are factories that
rely on LPG such as steel manufacturers and
ceramic manufacturers.
Wholesale customer which are major traders in
several countries in Asia.
Autogas consumers whose vehicles are fuelled by
LPG. Such vehicles include taxis, personal cars and
trucks.
OUR PRODUCT
The Company’s major target groups are
Cooking gas
Autogas
Industrial gas
Wholesale
10
LPG TERMINAL
ROAD TRANSPORTATION
VESSELS TRANSPORTATION
CYLINDER MANUFACTURER
COOKING GAS
AUTOMOTIVE GAS
INDUSTRIAL GAS
INTEGRATED FACILITY
11
SGP’s NETWORK IN THAILAND
FILLING PLANT & AUTOGAS STATION
Company Filling Plants x 44
Agent Filling Plants x 142
Company Autogas Stations x 41
Agent Autogas Stations x 313
6.Khonkaen
1.Bangkok
3.Chachoengsao
4.Nakornsawan
5.Lampang
8.Songkhla
7.Suratthani
2.Samutprakan
26 8 500 vessels terminals roadtankers
12
1,067 1,161 1,175 1,250 1,203 1,121 1,039 1,005 1,001 984 952
2,415 2,723 3,111 3,462 3,572 3,609 3,370 3,171 3,107 3,027 2,847
3,482 3,885
4,286 4,712 4,775 4,730
4,409 4,177 4,108 4,011 3,799
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
SGP Group Others Total
THAILAND LPG MARKET
SGP’s market share in Thailand
30.6% 29.9% 27.4% 26.5% 25.2% 23.7% 23.6% 24.1% 24.4% 24.5%
LPG Sales Volume (‘000 tons) | ALL SECTOR
25.1%
SGP GROUP
25.1%
OTHERS 74.9%
- 2019 LPG market size 3.80 million TON
Cooking 2.12 million TON (56.0%)
Automotive 1.02 million TON (26.9%)
Industrial 0.65 million TON (17.1%)
- Average growth (’15-’19) -4.3%
MKT SHARE 2019
MARKET SHARE
1. PTT 41.4 %
2. SGP 25.1 %
3. WP 17.7 %
4. OTHER 15.8 %
2
13
AGENDA
• BUSINESS OVERVIEW
• THAILAND LPG BUSINESS
• OVERSEA LPG BUSINESS
• OTHER BUSINESS
• SGP’s STRATEGIC
14
15
LPG BUSINESS
IN
OVERSEA
BUSINESS OPERATION
THAILAND OVERSEA
LIQUEFIED PETROLEUM GAS (LPG)
ROAD TRANSPORTATION
MARINE TRANSPORTATION
CYLINDER MANUFACTURING
OIL RETAIL BUSINESS
CONTAINER TERMINAL SERVICE BUSINESS
1
2
3
4
5
6
LIQUEFIED PETROLEUM GAS (LPG)
1
• Singapore
• China
• Malaysia
• Vietnam
2
3
COMBINE CYCLE POWER PLANT
• Myanmar
DIESEL POWER PLANT
• Myanmar
LIQUID TANK FARM & DEEP SEA PORT 7
16
High competition with high growth potential
Consumers gradually switch to LPG instead of fire wood
2010 Acquisition “Supergas Co., Ltd.”
From Local Company at 11.50 Million USD.
-------------------------------------------------------------------------------------
2013 Acquisition “Citygas North Co., Ltd. & Citygas Co., Ltd.”
From Shell Gas (LPG) Holdings B.V. at 0.40 Million USD.
Vietnam
LPG BUSINESS IN VIETNAM
17
2010 Acquisition “Singgas (lpg) pte. Ltd.”
From Shell gas (LPG) Holdings B.V. at 15.00 Million SGD.
--------------------------------------------------------------------------------------------
Small market with good margin
Consumer seeks quality product & service over price concern
LPG BUSINESS IN SINGAPORE
Singapore
18
2010 Acquisition “Sinosiamgas and Petrochemicals Co., Ltd.”
From BP Global Investments Limited at 101.00 Million USD.
-------------------------------------------------------------------------------------
2011 Acquisition “Siam Ocean Gas And Energy Limited.”
from Chevron China Ltd. at 51.00 Million USD.
Large import LPG market in South China
Advantage over competitors with large cavern storage
Large sale volume with continuous growth rate
LPG BUSINESS IN CHINA
China
19
HUGE STORAGE IN CHINA
20
Storage Caverns
Total : 300,000 Tons
Zhuhai : 200,000 Tons
Shantou : 100,000 Tons
COMBINED LARGEST STORAGE IN CHINA
21
2013 Acquisition “Mygaz Sdn. Bhd.”
From Shell Timur Sdn.Bhd. at 10.00 Million MYR.
-------------------------------------------------------------------------------------
Market leader with growth potential
in East Malaysia
Expand market to West Malaysia
LPG BUSINESS IN MALAYSIA
22
Malaysia
OVERSEA LPG MARKET
Wholesale 50%
China 42%
Vietnam 2%
Singapore 1%
Malaysia 5%
78
,07
9
62
9,1
77
79
7,8
80
1,4
28
,97
8
1,3
07
,22
0
1,7
82
,87
7
2,0
25
,80
9
2,1
56
,314
2,4
20
,22
3
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
SALE VOLUME (TON)
+705.8 %
+26.8 %
+79.1 %
-8.5 %
+36.4 %
+13.6 %
+6.4 %
+12.2 %
+17.8 %
2,851,721
2019
PORTION SALE
23
AGENDA
• BUSINESS OVERVIEW
• THAILAND LPG BUSINESS
• OVERSEA LPG BUSINESS
• OTHER BUSINESS
• SGP’s STRATEGIC
24
25
POWERPLANT
1,081,187 1,048,258
1,256,970
Y-2017 Y-2018 Y-2019
230 MW. POWERPLANT | MAWLAMYINE
26
BY MYANMAR LIGHTING (IPP) CO., LTD. (41.1%) A
NN
UA
LL
Y |
SA
LE
VO
LU
ME
(M
W.)
SELL TO GOVERNMENT >>>
1,158
4,964
Y-2018 Y-2019
10 MW. DIESEL POWERPLANT | ANIN
27
BY SOUTHERN MYANMAR DEVELOPMENT CO., LTD. (33.0%) A
NN
UA
LL
Y |
SA
LE
VO
LU
ME
(M
W.)
SELL TO HOUSEHOLD >>>
COD IN
JULY 2018
28
OIL TANK FARM
OIL TANK STORAGE | SRI-CHANG TERMINAL
29
BY SIAM TANK TERMINAL COMPANY LIMITED (99.68%)
SERVICE FOR OIL TANK STORAGE >>>
UNIT
CAPACITY
(MIL.LITRE)
8 42.32
4 187.14
2 116.25
T-975 T-976
T-961 T-962 T-963 T-964
T-981 T-982 T-983 T-984 T-985 T-986 T-987 T-988
AGENDA
• BUSINESS OVERVIEW
• THAILAND LPG BUSINESS
• OVERSEA LPG BUSINESS
• OTHER BUSINESS
• SGP’s STRATEGIC
30
Comprehensive logistics network
Extensive distribution facilities
Ensure regular and secure supplies for
customers as well as the company and its
subsidiaries
Support international market expansion
“Customer satisfaction is our goal”
RELIABLE & EFFICIENT DISTRIBUTION
31
Commitment to HSSE
Advanced safety equipment
Safety trainings provided to all employees and customers on an going basis
Regular emergency response plant drills
Regular risk assessment and safety review to ensure achievement in safety standards
Health and Safety Quality Control Operational system Maintenance programs
A PREMIUM ON “SAFETY”
32
SGP’S STRATEGIC PLAN
Continue LPG business expansion in potential countries throughout South
East Asia aiming to become leading energy provider in the region ,especially
Myanmar who has its own natural resource in the country
Apply Thailand’s successful business model
in all countries
by providing integrated LPG product and
service that covers market demand and
focusing retail segment for higher margin
Increase no-risk-revenue proportion
to create sustainable income aiming to stabilize
company’s operating profit
01
02 03
SGP’s
Strategic
Business
Plan
33
SGP’S BUSINESS UPDATE
To be the Leading Energy Provider in East Asia
Thailand Overseas Expanding petrol with LPG station
Setting up Siamgas LNG and plan to build LNG terminal
Constructing terminal and filling plants in Myanmar
Constructing filling plant in Penang Malaysia
Reconditioning terminal in North Port Malaysia
Planning to invest in other high growth potential countries in Asia
34
SIAMGAS AND PETROCHEMICALS PLC.
553 The Palladium Bldg.30th Floor, Ratchaprarop Rd.,
Makkasan, Ratchathewi, Bangkok 10400 THAILAND.
PHONE : +662-120-9999
FAX : +662-250-6008
